Cryptocurrency Analysis and News Portal
When LUNA and its sister token TerraUSD began to collapse in May, Voyager sought to determine the impact on Three Arrows and was initially told Three Arrows had only limited exposure to LUNA. Later in June, however, 3AC employee Tim Lo advised Voyager to recall all of its loans to
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On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure to “implement effective sanctions compliance controls” between March 2014
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Between 2014 and late 2017, Bittrex allowed around 1,800 people in sanctioned jurisdictions – including Iran, Cuba, Sudan, Syria and Crimea – to conduct more than 116,000 transactions worth roughly $260 million through its platform, according to the settlement. The Seattle, Washington-based exchange has since taken action to better comply
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American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX).The United States Securities and Exchange Commission (SEC) announced the charges against Kardashian on Oct. 3 for "touting on social media a crypto asset security offered and sold by
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“A wholesale CBDC could significantly contribute to improving cross-border and cross-currency payments,” Governor Villeroy de Galhau said in an appearance at the French central bank's digital currency conference. CBDCs at the wholesale level attract less attention than their headline-grabbing retail equivalent, he added. Source
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The Miramax and Quentin Tarantino partnership has been incredibly successful over the years. It wasn’t logical for it to end over NFTs.
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DTCC's project, which is private and permissioned unlike many traditional blockchain networks such as Bitcoin and Ethereum, is being developed in collaboration with the likes of Barclays, BNY Mellon, Charles Schwab, Citadel Securities, Citi and Credit Suisse. Source
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Bybit currently supports USDT, BTC, ether (ETH) and USDC as collateral, with more assets to be added, it said. Under the newly launched unified margin account, users of Bybit’s European-style, USDC-settled options will also be able to use all assets under their account as collateral to trade USDC options contracts
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Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun
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Bitcoin dominance over the market has still not receded even as the price has fallen below $30,000. Just as BTC had taken a hit, so had the altcoins. This had given the pioneer cryptocurrency more leeway to eat back into the market dominance. Even though the market has been brutal
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